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Markets

Morning Gasoline Market Report

January RBOB prices opened the Monday evening session at their lows and spent the early morning hours trading higher. Some traders pointed to an improving outside market tone, with a weaker US dollar and higher global equity markets as an early force lifting prices higher. The market also seemed to draft a level of support this morning from a somewhat favorable 2012 global demand forecast from the IEA, one that does reflect a level of economic growth.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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